- Bid to cover ratio 2021 bond 2.1, up from previous 1.8
- Bid to cover ratio 2024 bond 2.3
- Average yield 2021 bond 5.472%, up from previous 5.162% at last auction on March 17
- Average yield 2024 bond 5.667%
- Top end of 2.5-3.5 bln target range
Seems fine. EUR/USD has tripped aforementioned stops through 1.4440 and 1.4460 on way to session high 1.4468.
Everyone’s favourite US investment bank notable buyer in latest spike higher.
